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Black Country Economic Recovery Prospectus

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Black Country Economic Recovery Prospectus V1.0 Black Country Economic Recovery Prospectus PB 1 Contents Executive Summary: Our Five Point Recovery Plan 8 Backing Black Country Businesses 8 Delivering Skills for Today and the Future 8 Nurturing Green Growth 9 Vibrant, Safe and Healthy Places 9 Mobilising Devolution and Public Service Reform 9 Building Confidence and Providing Leadership 10 The Impact: Knowns and Unknowns 14 Backing Black Country Businesses 18 Delivering Skills for Today and for the Future 22 Nurturing Green Growth 26 Vibrant, Safe and Healthy Places 30 Mobilising Devolution and Public Service Reform 34 COVID-19 Recovery and the Emerging All Sector Programme 38 Summary of Ask 40 Priority Propositions - Executive Summary 42 Black Country Local Enterprise Partnership Contact Details 58 2 The Black Country is home to over 1.19 million people, hosting 463,000 jobs and generating £21.7bn GVA per annum. The area comprises the Boroughs of Dudley, Sandwell, Walsall and the City of Wolverhampton. It covers 356 square kilometres and sits at the heart of England and the West Midlands. 2 3 Our Commitment As the business, civic and educational • The Black Country Garden City leaders of the Black Country we share the combining garden city principles with government’s two overarching objectives modern methods of technology to to drive up economic growth and jobs meet our housing needs. and support a green recovery. We have a third objective, which we know the The strength of supply chains is key government will support, to accelerate to recovery in the Black Country and the rate at which we are raising skills nationally. This prospectus will be levels locally. accompanied by a suite of sector action plans for each of our key sectors. We remain committed to our Black Country Vision 2033 and our ambition We are ready to meet the challenge set over the next 18 months is to deliver: by the Secretary of State for Housing, Communities and Local Government • Better jobs in stronger supply chains; and to contribute to the West Midlands • Longer lives from higher wages; Combined Authority’s priorities and • Busy high streets with a new energy; Covid-19 packages. • Good jobs with higher skills; • Better homes in green places. We are also committed to listening to Black country businesses, understanding Our recovery projects will provide 17,000 the challenges and opportunities they face people with higher skills, help create and working with government to ensure 20,000 jobs, deliver 12,000 homes and that the policy, legislative and regulatory generate a total gross GVA impact of environment supports economic, social £44bn. and community recovery. Our programme of new and accelerated projects includes four pioneering initiatives which will contribute to the national recovery effort: • The UK’s first centre devoted to the development of Very Light Rail technology; • The National Brownfield Institute, developing and disseminating innovative practice; • Repowering the Black Country, leading a low carbon industrial revolution embracing a local circular economy; 4 Government WMCA Programmes Black Country Action Objective As set out in recharge the West Midlands Town and Regenerate and build Our Re-thinking the Future of City Centre brownfield land and build High Streets programme. Modernisation 35,000 new homes Immediate support social enterprises to kick start new activity in town and city centres. Our Garden City programme. Investment A pipeline of projects in Physical including Dudley Connectivity Interchange, re-opened stations and action to reduce congestion on key routes. Improving Digital Build better digital and WM5G Application Connectivity transport links Accelerator extension in BC area. University of Wolverhampton Digital Innovation Programme. Investment Create green manufacturing Our Productivity Factory’s in innovation jobs Cap-Ex Fund and ecosystem Strengthening the Supply Back our region’s Chain programme. businesses Repowering the Black Country and the Very Light Rail. Improvements to Get people back to work Our priority programmes: Human Capital The Skills Factory and Mobilise job creation for local Employment Support people from HS2 and other Service; and support for the unique opportunities health and care sector Capital investment in: Wolverhampton City Learning Quarter, Black Country and the Marches Institute of Technology, Sandwell College - Health & Social Care Innovation Hub 4 5 Introduction This prospectus reflects the Covid-19 has forced a re-set in Black determination of the Black Country Country businesses, education to respond vigorously to the institutions, councils and other local responsibilities, opportunities and institutions. We are determined to challenges we face. use this opportunity to support a local economy in which carbon Black Country businesses are emissions are cut, sustainable, part of internationally important healthy and inclusive communities supply chains in key sectors such are supported and barriers to as advanced manufacturing, employment are removed. construction and logistics. It is our responsibility to ensure those We are committed to tackling the businesses get the support they challenges we face, most notably need to continue to innovate and the need to ensure that the impact develop new markets. of Covid-19 does not set back the action we are taking to give Black Country businesses and people the skills they need. 6 Our Five Point Plan This prospectus sets out our Nurture green growth, investing commitment to a five-point recovery in action to cut carbon emissions plan. All the programmes referred to and energy costs and ensure that are at full business case stage and improved accessibility delivers ready for delivery. environmental benefits. Urgent action is required to: Create vibrant, safe and healthy places, with a significant Back Black Country businesses, expansion of our Garden City giving the area’s SMEs the bespoke programme and concerted action support and legislative, policy and to develop brownfield land, regulatory context they need to improve our connectivity and succeed in a changing and uncertain inject new energy into our high business environment. streets. Deliver skills for today and Mobilise devolution and public the future, with a business-led service reform, using our programme aimed in particular at: learning from our response to supporting young people; removing the pandemic to accelerate the the barriers to employment faced transformation of public services. by too many residents; re-skilling the existing workforce; and helping This prospectus has been people back into work. developed by the Black Country’s business, council and education We will also act now as part of our leaders. We have been working longer-term ambition to: as a partnership for over 20 years and our long term vision was agreed in 2003. Our Partnership The prospectus sets out our That support will enable us to commitments, but to deliver them build confidence locally in the we require support and investment Black Country and its contribution from government and the West to the national economy recovery. Midlands Combined Authority. 6 7 Executive Summary: Our Five Point Plan This plan will both drive economic recovery in the Black Country and enable us to accelerate the delivery of our 2030 Vision: • A growing population enjoying better incomes and higher skills; • A regenerated economy with more, better jobs and a vibrant business base; • A transformed environment with more homes and better business premises. 1,500 hqe Im 23% high ix pr land & income ic M ov m e Q 63,000 net earners o u on a new homes c lit E y io o c f o E S n v e i g r o n n a m h C e n t Our Vision e G n i r l o c w e D th n in io I t n la increase to c u om p 1.2m total national e Po s e population average ers wage Rev Backing Black Country Businesses: over 20,000 more jobs Our Productivity Factory will give the a suite of sector action plans for each of leaders of our SMEs the support needed our key sectors. to succeed in a changing and uncertain business environment as a result of both The next phase of our employment coronavirus and the UK’s departure from land programme will meet the demand the EU. from business for high quality sites and premises in six prime locations across This will strengthen nationally important the Black Country. We will also harness supply chains in manufacturing, logistics, the power of social enterprise to create construction, including low carbon opportunities for new jobs, services and technologies, and health. The Productivity engagement. Factory will develop business leadership, enable businesses to benefit from digital Government support for the Productivity technologies (including 5G and Industry Factory and the other elements of our 4.0) and support green, inclusive growth. recovery plan will help Ministers deliver their commitment to rebalance or level- This prospectus will be supplemented by up the economy while contributing to economic recovery. 8 Delivering Skills for Today and the Future: 17,000 people with higher skills The Black Country Employment Support We will invest today in skills for the Service, building on existing local best future by providing modern places practice, will respond rapidly to help for learning and engagement through people made redundant as a result of the major developments such as the lockdown to return to work. It will ensure Wolverhampton City Centre Learning that every young person has the advice Quarter, our Institute of Transformational and support she or he needs to access Technologies a new Heath and Social work or continue education and training. Care Innovation Hub, the Bilston City Learning Quarter, the Black Country and As businesses adapt to changing markets, Marches Institute for Technology and the our successful Skills Factory will tailor its Black Country Screen School. bite-sized provision to give businesses and residents the new skills they need.
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